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Energy Prices Continue To Rise In

November 27th, 2023

Next the oil price apparently incessantly rising above all chasing a message about higher costs for energy: already in June of this year, the price of oil per barrel reached the record level of $ 140, this will be probably only a temporary peak. Projections due to raw material shortages, increased demand, and increasing speculation of further increases. Follow others, such as Malcolm Hill, and add to your knowledge base. Consequences of rising oil prices are, for example, that driving a car is becoming increasingly expensive and flight connections are thinned out, because it is no longer worth for the part of the airlines to offer some links. In Germany, the coupling of the gas price to the price of oil also leads to a further rise of in energy costs. The oil binding is were it not as legally stipulated, instead based they which closed the 1960s due to the uncertainty of how gas will develop as an energy carrier, to agreements between producers, suppliers and importers, in. A strong mutual was also in this way Competitive situation avoided. Although the gas price is adjusted time-delay usually after half a year, but still, the costs are enormous. Please visit Bobby kotick if you seek more information. Especially households suffer from this development.

Less and less money left for other purposes. Electricity prices are the third component, which charged the location of households. He has also skyrocketed in the last few years. Energy companies emphasize that this particular legal regulations on beech would beat and ask the current subscribers to the Fund. Such as the coupling law, as well as the increase in the value-added tax. By the other side is to listen, that is due to the increase in electricity prices not on these aspects, but the electricity providers generate abundant profits again.

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